New Delhi: Central government employees, who called the recommendations of the 7th pay commission as ‘total rubbish’ and ‘not worth the paper it was printed on’, may be in for some good news.
Empowered Committee of Secretaries, who are processing the recommendations of 7th Pay Commission (7thCPC), are likely to double the percentage of pay hike recommended by the pay commission.
According to sources, the central government employees will get a salary hike of around 30 percent on the minimum basic pay, much more than 23.55 percent as recommended by the 7th pay commission in November 2015.
The employees have been protesting that the hike in totality is only 14.27 percent, the lowest in 70 years, and are mulling over to go on an indefinite strike from 11 April.
The hike in salaries is expected to be effective from January 1.
Arguably, even the 6th CPC had recommended a 20 percent hike on the basic pay, which was revised to 40 percent at the time of implementation in 2008.
The 7th CPC, with its recommendations, is expected to cause an annual burden of Rs 1.02 lakh crore on the exchequer, which would last for two to three years.
Read more at http://zeenews.india.com/business/news/economy/7th-cpc-soon-central-government-employees-may-see-double-pay-percentage-hike-in-salaries_1856182.html
Popular
Label List
- -BONUS ORDER
- 'BONUS
- AICPIN
- AIDEF
- AIR INDIA
- AIRF
- AITUC
- ALLOWANCE
- annual increment
- ARMY
- BANK EMPLOYEES
- BSNL
- cadre restructuring
- cadre review
- CBSE
- cgda
- CGHS
- CHILD CARE LEAVE
- children education allowance
- CONFEDERATION
- DA
- DC JCM
- DEARNESS ALLOWANCE
- dearness relief
- DOPT
- EMPLOYEES PROVIDENT FUND
- EPFO
- FAMILY PENSION
- finmin
- FIXED MEDICAL ALLOWANCE
- GDS
- GENERAL PROVIDENT FUND
- GPF
- GRADE PAY
- HOLIDAY
- HOLIDAY HOMES
- HOUSE BUILDING ADVANCE
- HOUSE RENT ALLOWANCE
- HRA
- INCOMETAX
- JCM
- JCM III
- KENDRIYA VIDYALAYA
- LEAVE TRAVEL CONCESSION
- LTC
- LTC 80 FARE
- LTC ADVANCE
- MACP
- MATERNITY LEAVE
- MAY DAY
- MINISTRY OF DEFENCE
- MINISTRY OF FINANCE
- MODIFIED ASSURED CAREER PROGRESSION
- NATIONAL ANOMALY COMMITTEE
- NATIONAL PENSION SCHEME
- NATIONAL PENSION SYSTEM
- NC JCM
- NEW PENSION SCHEME
- NIGHT DUTY ALLOWANCE
- NJCA
- OFB
- one rank one pension
- ONE RANK ONE PENSION.
- ORDINANCE FACTORY BOARD
- paternity leave
- pay fixation
- PCDA
- PENSION
- post offices
- POSTAL EMPLOYEES
- RAILWAY BOARD
- RAILWAY BONUS
- RAILWAY EMPLOYEES
- retirement
- retirement age
- revision of pension
- VRS
- WOMEN EMPLOYEES
Follow by Email
DISCLAIMER
The contents and information given in this blog are purely informative in nature and should not under any circumstances be taken as authority. All efforts had been made to ensure accuracy of the content on this (www.centralgovernmentemployees.com) blog. The same should not be construed as a statement of law or used for any legal purposes. centralgovernmentemployees.com accepts no responsibility in relation to the accuracy, completeness or otherwise, of the contents. Users are advised to verify/check any information with the relevant departments and to obtain any appropriate professional advice before acting on the information provided in the blog. We cannot guarantee the availability linked pages at all times.
Post a Comment